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OFFICE BUILDING FOR SALE
Stephen Tucker & Todd [email protected] & [email protected]
10 N. High St. Suite 401 Columbus, Ohio 43215
614-221-4286www.rweiler.com
27,820 +/- SF Downtown Columbus Building
37 N. High StreetColumbus, Ohio 43215
Property Description PRIME DOWNTOWN COLUMBUS LOCATION!
Great 4-story office building or residential redevelopment opportunity in the heart of downtown Columbus! Approximately 27,820 SF building also includes a full lower level with offices.
Great location with signage exposure on N. High Street! Very impressive conference and presentation room on the 1st floor. Two passenger plus one freight elevator and 10 private, surface parking spaces
on the back of the building available. Surrounding developments include the Edwards Company redevelopment of apartments and retail on the west side of High between Gay and Long Streets, Kauffman’s redevelopment of the Leveque Tower for hotel, condos,
apartments and offices, and Day Companies redevelopment of offices across the street from this site.
Address: 37 N. High Street Columbus, OH 43215
County: Franklin
PID: 010-022752-00
Location: Near the intersection of W Gay St & N High St in the Central Business District
Acreage: 0.22 +/- acres
Building Size: 27,820 +/- SF
Height: Four Stories
Year Built: 1975
Year Remodeled: 1980
Sale Price: $1,495,000
Ground Lease: 99 years @ $25,000/year
Net Annual Tax: $45,689.08
Zoning: DD Downtown District
Photos
Exterior facing North Exterior facing South
Exterior showing COTA Exterior with Leveque Tower
Front Entrance First Floor Hallway
Photos
Conference Center Conference Center
1st Floor - Elevators 1st Floor Office
1st Floor Office 1st Floor Office
Photos
1st Floor Restroom 2nd Floor Hallway
2nd Floor Office 2nd Floor Office
2nd Floor Office 2nd Floor Office
Photos
2nd Floor Office
3rd Floor Office 3rd Floor Office
4th Floor Kitchen 4th Floor Office
2nd Floor Restroom
1st & 2nd Floor Plan
3rd & 4th Floor Plan
Basement Floor Plan
Property Location
Great Location!Heart of Downtown Columbus
15 minutes to Columbus Airport20 minutes to Easton and Polaris
Site Here
Scio
to R
iver
DOWNTOWN
GERMAN
VILLAGE
OLDE TOWN EAST
FRANKLINTON
Scioto Audubon Metro Park
SOUTH
FRANKLINTON
UPPER
ARLINGTONSHORT
NORTH
ITALIAN VILLAGE
E. 5th Ave
E. Broad St
Clevela
nd Ave
N. H
igh
St
THE OHIO STATEUNIVERSITY
BREWERY
DISTRICTSCHUMACHER
PLACE
Surrounding Development
Site Here
Two25 Commons - 225 S. 3rd St. Residential/Office/Retail
51/85-111 N. High St. - High St & Gay St Residential/Retail
White-Haines/Madison's - High St & Gay StResidential/Office/Retail
Parks Edge Condominiums - Neil Ave & Spring StResidential
Michael B. Coleman Governmental Center - N. Front St Office/Garrage
The Stonehenge Company - 330 Oak StResidential
Borror Properties - Front St & Main St Residential
LC River South - 205 S. High St. Residential
The Neilston - Fifth Ave & Long StResidential
Mercantile Building - Fourth St & Noble StResidential
65-67 S. Fifth St - Fifth St & Oak StResidential
Sixth Street Mews - Sixth St & Gay StResidential
Major Downtown Investments | 6
BROAD HI
GH
GAY
GRAN
T
RICH
LONG
THIR
D SPRING
MAIN
FOU
RTH
NEI
L
FRO
NT
COLUMBUS COMMONS
STATEHOUSE
COLUMBUSMUSEUMOF ART
TOPIARY PARK
COLUMBUSMETROPOLITAN
LIBRARY
HUNTINGTONPARK
NATIONWIDEARENA
670
71
MAJOR INVESTMENTS
PROPOSED COMPLETED IN 2016UNDER CONSTRUCTION
81%Transportation
13%Mixed Use
0.4%Residential
4.5% Hospitality
8%Office
23%Residential
21%Hospitality
29%Mixed
Use
26%Education
16%Parking
34%Residential
8%Mixed Use
7%Parking
10%Institutional
9%Office1%
Government
7%Industrial
Click here to see full report “STATE OF DOWNTOWN COLUMBUS YEAR END 2016”
Site
Her
e
Street Maps
Aerial & Plat Maps
Demographics & Traffic
FACTBOOK 3
The Columbus Region is an 11-county area comprising Delaware, Fairfield, Franklin, Knox, Licking, Logan, Madison, Marion, Morrow, Pickaway and Union counties. This Region represents the coverage area of Columbus 2020’s economic development activities.
The Columbus Region varies from the Columbus Metropolitan Statistical Area (MSA), which comprises 8 of the above 11 counties (excluding Knox, Logan and Marion) and an additional two (Hocking and Perry). Wherever possible, the information and data in this document covers the 11-county region. However, some data is only available at the MSA level and is identified as such in the text, title or source.
• Eleven-county region located in Central Ohio
• Population of 2 million people• Population growth rate of
1.3 percent annually • Ten-county Columbus MSA, 2nd fastest
growing among Midwest metro areas with at least 1 million in population
• Driver of Ohio’s population and economic growth
• 62 college and university campuses • More than 140,000 college students• Home to 15 Fortune 1000 headquarters
COLUMBUS AND FRANKLIN COUNTY
• State capital and largest Ohio city • 15th largest city in the U.S.
COLUMBUS IS WELL CONNECTED TO THE REST OF THE U.S. AND BEYOND
• Port Columbus International Airport: 31 destination airports with more than 140 daily flights
• Enhanced freight rail connections to East Coast ports in Norfolk, VA, Baltimore, MD, and Wilmington, NC
• Columbus is within 500 miles of 44 percent of the U.S. population, higher than other major distribution centers in the U.S. (Source: ESRI Business Analyst, 2013)
REGIONAL OVERVIEWTHE COLUMBUS REGION
MarionCounty
KnoxCounty
LoganCounty
68
U.S. Population within 500 miles
Columbus Chicago
Virgina Beach Los Angeles
Pittsburgh Atlanta
Charlotte Minneapolis
Louisville Savannah
St.Louis Phoenix
Indianapolis Dallas
Memphis
=
New York
Denver
Seattle
139,187,116 – 44% 83,826,331 – 27%
102,716,781 – 33% 46,902,095 – 15%
137,265,695 – 44% 81,371,175 – 26%
98,258,083 – 31% 44,152,696 – 14%
117,447,431 – 37% 66,009,482 – 21%
96,002,428 – 31%
10%
38,438,798 – 12%
110,615,985 – 35% 47,526,233 – 15%
91,338,138 – 29%
90,949,182 – 29%
17,178,926 – 5%
12,810, 661 – 4%
City Highlights
Marion County
KnoxCounty
Logan County
CLEVELAND
DETROIT
INDIANAPOLIS
CHICAGO
LOUISVILLE
PITTSBURGH
CINCINNATI
ATLANTA
ST. LOUIS
80
75
9 080
90
64
70
80
71
COLUMBUS 70
77
77
6 4
75
65
4 0
250 miles 40 0 km
50 0 miles 80 0 km
RICHMOND
TORONTO
FORTUNE 10 0 0 HEADQUARTERS
City Highlights
This confidential Offering memorandum has been prepared by The Robert Weiler Company for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.
The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guar-antee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, inde-pendent investigation of the property for your needs. All potential buyers must take appropri-ate measures to verify all of the information set forth herein. Both The Robert Weiler company and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained informa-tion is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company for the accuracy of completeness of the Memorandum.
A prospective purchaser must make its own independent investigations, projections, and con-clusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement , approved by Seller, shall bind the prop-erty. Each prospective purchaser and /or broker proceeds at its own risk.
Offering Memorandum